Is BTC really that expensive nowadays? I have $10 on it and I don't think I can do anything with it as of yet lol. How much do you realistically need to make profit out of it?
Can you point me in the right direction to check the rates of BTC?
Originally Posted by Onety One
Can you point me in the right direction to check the rates of BTC?
coinmarketcap is a good place to check all cryptos.
Originally Posted by Onety One
Is BTC really that expensive nowadays? I have $10 on it and I don't think I can do anything with it as of yet lol. How much do you realistically need to make profit out of it?
Atleast $100-$500. Lower than that number won't give you much of an equity even if it pumps 10-50x (which won't happen after days/weeks/months)
But if you are hodling, go with that number and you can gain bigger profit if the price doubles after another 10 years.
If you want to invest? Start putting in $20 - $10000 (Whatever you can afford) on a daily basis.
This will grow exponentially over the next 4 years!
Small investments over time seems to be the way to go these days, though with the way the market seems to be heading it's anyones guess.
Though BTC is on sale now
Market cap wise, your $10 is unlikely to turn into anything major
Even the most optimistic BTC estimates see it at 5x from now. So if you're really lucky, you'll make $40 profit
This is good time for investment you can invest and check it after few months.
you better off investing that $10 in dogecoin or something - $10 btc wont change alot